Cliffs Natural Resources (CLF) Tops Q2 EPS by 8c

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Go back to Cliffs Natural Resources (CLF) Tops Q2 EPS by 8c

Cliffs Natural Resources Inc. Reports Second-Quarter 2017 Results

July 27, 2017 7:00 AM EDT

Net Income from Continuing Operations of $77 million Earnings from Continuing Operations of $0.26 per diluted share

CLEVELAND--(BUSINESS WIRE)-- Cliffs Natural Resources Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2017. The Company reported consolidated revenues of $569 million, an increase of 15 percent compared to the prior year's second-quarter revenues of $496 million. Cost of goods sold increased by 5 percent to $424 million compared to $405 million reported in the second quarter of 2016.

The Company recorded net income from continuing operations of $77... More